BUSINESS
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Access Bank acquires Diamond Bank
Access Bank has finally acquired Diamond Bank Plc. According to insiders, the official announcement of the transaction will be made…
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AfDB approves $7.24b for 2019 borrowing programme
The Board of the African Development Bank (AfDB) has approved $7.24 billion for institution’s 2019 borrowing programme to be raised…
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NPA MD urges terminal operators, others to eradicate port congestion
The Managing Director of Nigerian Ports Authority, Hajia Hadiza Bala-Usman, has called on terminal operators, shipping companies and allied stakeholders…
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China pledges support for Nigeria’s industrialisation
The Chinese Government says it is willing to give priority attention to Nigeria’s industrialisation and agricultural modernisation. Mr Zhao Linxiang,…
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Toyota Recalls About 70,000 Vehicles to Replace Air bag Inflators
Toyota is recalling about 70,000 Toyota and Lexus brand vehicles in North America to replace air bag inflators that could…
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Unity Bank, NACCIMA Partner on Unique E-Payment Solution
Unity Bank Plc has gone into a partnership with the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture…
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Chinese province pledges $17bn to drive tech, innovation
China’s coastal province of Zhejiang, home to e-commerce giant Alibaba has pledged more than 17 billion dollars to drive the…
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Banks invest $150b yearly in developing nations
The sum of $150 billion is invested by Multilateral Development Banks (MDBs) in developing countries and emerging economies every year.…
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OPEC agrees joint 1.2 mn bpd cut with partners
OPEC members and 10 other oil producing nations agreed Friday to cut output by 1.2 million barrels a day in…
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Mastercard , Microsoft to Launch Digital Identity Drive
Mastercard and Microsoft have joined forces to try and improve how people manage and use their digital identity. According to…
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